State Dept. of Rev. v. Security Pac. Bank

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• deduction allowed because mortgage companies transferred ownership of loans to taxpayer who could sell the loans in event of default
• deduction allowed because mortgage companies transferred ownership of loans to taxpayer who could sell the loans in event of default

Source: CourtListener parenthetical corpus (CC0).